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The Topline: Europe has a new tech giant after South African media and e-commerce group Naspers launched a secondary listing for its consumer technology investments on the Amsterdam Stock Exchange.

Prosus is a spinoff of parent company Naspers, a South African media and tech company. The secondary listing will create a new business to manage Nasper's 31% stake in China's tech giant Tencent, and its other tech investments like Delivery Hero and Mail.ru Group.

Prosus shares popped 25% following its debut on the Amsterdam Stock Exchange.

The groups' $133 billion market cap makes it the second-largest tech company in Europe after Germany’s SAP. As far as the Amsterdam exchange goes, only Royal Dutch Shell and Unilever are worth more.

Naspers will retain a majority stake of Prosus.

Surprising Fact: Naspers chairman Koos Bekker has built a $2 billion fortune through his savvy leadership of Naspers and his unusual compensation package. The South African executive did not draw a salary or a bonus and was paid solely in stock options.

Background: Naspers is capitalizing on former chief executive Koos Bekker's decision to invest $32 million in Tencent in 2001. The investment is now worth $130 billion after the creator of the WeChat messaging app became one of the key players in China's digital economy. This extraordinary windfall has created something of a headache for Naspers with its shares at one point accounting for 25% of the value of the Johannesburg Stock Exchange.

The Prosus spinoff is part of a strategy developed by Naspers CEO Bob van Dijk, who took charge in 2014. The Amsterdam listing is meant to win over international investors and end the group’s hold over the Johannesburg Stock Exchange, Van Dijk told Bloomberg. Naspers' position in Johannesburg's top 40 is expected to fall to around 18% after the Prosus listing.